Bank TuranAlem JSC (Kazakhstan) borrowed a USD75 m. loan from Asian development bank

/KASE, July 19, 06/ - Bank TuranAlem JSC (Almaty, BTA), shares and bonds of which are traded in Kazakhstan stock exchange's (KASE) official "А" listing category, today spread press-release saying that BTA had signed an agreement about borrowing of a loan of Asian development bank (ADB) for a total of $75 m. for increasing financing of small and medium business enterprises. The message also says "the loan borrowed by BTA is the second project of ADB on financing of Kazakhstan's private sector without government's guarantees". [2006-07-19]